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Citigroup Boosts Strategy (MSTR) Price Target 76% to $240 Amid Renewed Bitcoin Optimism
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4 Articles
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BizTocStrategy Is Up 30% in a Month and Citigroup Just Doubled Its Price Target to $240. Is It Time to Buy MSTR Stock Now?
Citigroup just slapped a bold new price target on Strategy stock after a stunning one-month run that left Bitcoin and every crypto peer in the dust. Before you chase the momentum, understand the leverage that makes this trade cut just as sharply in the other direction.
·Lakewood, United States
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Citi raised its target price for Strategy from USD $136 to USD $240, while Bitcoin exceeded USD $86,000. The review reflects a more favourable outlook for BTC and for the company’s valuation, although the bank maintained caution over the cash reserve and possible dilution of its shares.
Coverage Details
Total News Sources4
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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